Raise Production Inc., an oilfield service company, develops artificial lift technologies for deviated and horizontal oil and gas wells in Canada and the United States.
The last earnings update was 137 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Raise Production. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Raise Production's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Raise Production has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Raise Production's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Raise Production's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Raise Production's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Raise Production is high growth as no earnings estimate data is available.
Unable to determine if Raise Production is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raise Production's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Raise Production's finances.
The net worth of a company is the difference between its assets and liabilities.
Raise Production is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Raise Production's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Raise Production's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Eric Norman Laing has been the Chief Executive Officer and President of Raise Production Inc (formerly Global Energy Services Ltd.) since July 2011 and serves as its Chairman of the Board. Mr. Laing served as the President and Chief Executive Officer of Stellarton Technologies Inc. Mr. Laing has over 30 years of industry experience in a diverse background in oilfield services with major companies such as Otis Engineering (A Halliburton Company), Schlumberger Oilfield Services and as a founding partner in Secure Oil Tools. His appointment marks a commitment from the Directors to more aggressively pursue opportunities within the down-hole and production optimization segments of the service industry by diversifying and enhancing the Global product and service offerings. Mr. Laing worked in field positions in the North Sea, USA and South East Asia for seven years. Mr. Laing then spent 18 months at Schlumberger as Global Business Development Manager to transition the Secure product line into the Schlumberger organization. Mr. Laing joined Stellarton (formerly the optimization division of VaporTech Energy Services Inc.) in 2002. He has been a Director of Raise Production Inc since June 12, 2013. Mr. Laing earned an HNC in Science from Robert Gordon's in Aberdeen.
Eric's compensation has increased whilst company is loss making.
Eric's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Raise Production management team is over 5 years, this suggests they are a seasoned and experienced team.
Chairman of the Board
CFO & Corporate Secretary
Chief Technical Officer
Director & Head of Investor Relations
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Raise Production board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
Director & Head of Investor Relations
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Raise Production Inc., an oilfield service company, develops artificial lift technologies for deviated and horizontal oil and gas wells in Canada and the United States. It operates through Raise Efficient Artificial Lift (REAL) System, Horizontal Artificial Recovery Technology (HART), and Engineering Project Consulting segments. The company offers REAL system that provides an artificial lift solution for the build and vertical section of a horizontal wellbore. Its REAL system includes the high angle reciprocating pump with the addition of various downhole tools, such as horizontal separation, sand control, velocity flow tubes, and pack off assemblies for flow control. The company is also developing HART system, an artificial lift solution for the lateral section of a horizontal wellbore, which consists of multiple pumps running in parallel along the horizontal wellbore to access trapped or stranded reserves and draw fluid from the toe area of the wellbore. In addition, it provides engineering services for the design and development of artificial lift products. The company was formerly known as Global Energy Services Ltd. and changed its name to Raise Production Inc. in November 2011. Raise Production Inc. was incorporated in 1993 and is based in Calgary, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.